Indias largest automobile company, Tata Motors Ltd, won Thai government approval on Wednesday to produce a redesigned pick-up truck in Thailand by it’s joint venture with Thonburi Assemply.
Board of Investment said that Tata Motors (Thailand) Ltd planned to invest 1.3 billion baht ($39 million) to produce up to 35,000 1-tonne trucks a year.
Thonburi assembly plant in Bangkok will manufacture 80 percent of the trucks and would be sold in the domestic market. Within March, Tata would be able to offer in several versions of fitted 2.0-litre diesel engine. The redesigned pick-up will be exported to the world market in Europe, Africa and Southeast Asia.
Source
Sunday, July 22, 2007
Tata motors to manufacture pickups in Thailand
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